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TechFlow news — financial reports from the subscription-based private social platform OnlyFans reveal that it has invested part of its operating funds in Ethereum, with a purchase value of $19.889 million.
As of November 30, 2022, the ETH holdings incurred an impairment loss of $8.455 million, leaving a book value of $11.434 million.
OnlyFans, a subscription-based private social platform, has reported in its financial statements that it has invested part of its operating funds into Ethereum, with the purchased amount valued at $19.889 million. As of November 30, 2022, the impairment loss on the purchased ETH was $8.455 million, resulting in a carrying amount of $11.434 million.
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